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Zurich, Switzerland – Sept 1, 2024 – On September 1, 2024 the MOD badge is clearly accessible in accessible crowdsale. In a clandestine pre-sale, the badge aloft added than 1.25 Million USD for the avant-garde Swiss start-up, beat the use of blockchain and IoT technologies in the pharma accumulation chain. This anniversary modum has appear a cardinal accord with IOTA, starting with the accepting of the IOTA badge in the MOD crowdsale.
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Blockchain technology has the abeyant to actualize new foundations for all-around businesses. While best investors accept apparent absorbing applications in fintech, modum.io is one of the few start-ups focused on the 8.1 abundance USD all-around acumen market.
modum.io has developed sensor devices, which almanac the ecology altitude that a amalgamation has been apparent to while in transit. A sender can pre-program ambit into the blockchain, which accredit notifications if a aberration in altitude that may affect the affection of the artefact has occurred. The annal are abiding and auditable, accomplishing authoritative requirements. This acquiescent ecology action reduces the charge for cher and inefficient actively-cooled carriage solutions with a abeyant industry advanced accumulation of 3 billion EUR per annum.
MOD Tokens are backed by the business amount of modum.io AG. The afresh adapted EU GDP adjustment requires that pharma producers and the over 10’000 distributors bear affirmation that temperatures did not affect drugs in transit. This use case is an aboriginal appliance of blockchain technology in the acumen area area a real, regulatory-driven bazaar charge for the technology exists.
After a acknowledged aboriginal year of operations, modum.io AG appear its ITO in aboriginal August: 20.1 actor MOD tokens will be accessible in a accessible crowdsale, anniversary badge advancing with accumulation administration and voting rights at accustomed milestones to adjust the modum aggregation with badge holder interests.
modum.io’s CEO, Malik El Bay, explains: “We accept a solid artefact with several acknowledged pilot tests completed, a alive accouterments prototype, a able aggregation of developers, and a adopted aggregation of advisors. We are active this badge auction to fundraise for the approaching development of modum.io and will accord our cryptocurrency backers the aforementioned rights that institutionalized investors have.”
Recently, on August 21st, 2024, modum.io appear the alpha of a abiding cardinal accord with IOTA by amalgam IOTA tokens as an advance achievability in the MOD Token sale. According to El Bay: “To assassinate our eyes we charge a technology for our sensor accessories that allows the alteration of amount after charging amazing transaction fees. IOTA’s basement will be actual admired to us and are alive appear a proof-of-concept for our abutting industry tests. We plan to broadcast the after-effects by abatement 2024.”
Dominik Schiener, Co-Founder of the IOTA Foundation, won the Shanghai Blockchain antagonism with a accumulation alternation application. According to Schiener: “It is abundant to see an IoT and Blockchain company, with a bright go-to bazaar strategy, cerebration about utilizing the IOTA infrastructure. modum.io is a blockchain enabler and we are acquisitive to be one of the technologies abaft the project.”
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The allure alone pre-sale for MOD tokens awash out promptly in its aboriginal day on August 11th. The accessible badge sale, with 3 benefit tiers, will alpha on September 1st, 2024.
To apprentice added visit: modum.io/tokensale
Chat with us on Slack: modum.io/slack
Press inquiries contact: [email protected]
Located in Zurich, amid the “Crypto Valley” in Zug and Basel, a hub for above pharma players, modum.io is able-bodied positioned to accompany their arrangement to market. modum.io works from Technopark, a absolute centre for tech start-ups and addition in Switzerland. The aggregation allowances from cardinal partnerships with the University of Zurich and the University of St. Gallen and industry partners, including Schaer Pharma, Variosystems, and Lykke Corp.
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